Rent Guarantee Insurance (RGI) with Assured Protect:
Secure your rental income, protect your investments
As a landlord, ensuring consistent rental income is crucial to maintaining the profitability of your property investment. You'll be aware that the Renters' Rights Act will implement huge changes to the landlord-tenant relationship.
If you haven't already, as a landlord, you must stop and review your own financial security right now. Landlords will need to make some greater changes to how they manage their responsibilities, and there will be significant amendments to the legal complexity of running a property investment business.
And, unless you are prepared to risk your income (and what it does to help you and your business), this will definitely mean making a rental and legal protection insurance strategy a 'must have' safety net.
RGI - when sourced and arranged correctly - can be very quick to set up, very low cost, very easy to manage and our claims support service makes the payment from the insurance company as pain-free as possible, too.
Rent Guarantee Insurance (RGI) from Assured Protect offers you the peace of mind that comes from knowing your rental income is secure, even if your tenants fail to pay.
Protect up to £3,000 rental income, per property, per month, for approximately £20pm premium (subject to property and tenant type)**. That's just 0.8% of the income, protecting 99.2% of the income.
The alternative? Pay £0/nothing, and risk 100% of your property's revenue.
Get started with Rent Guarantee Insurance today. Safeguard your rental income with Assured Protect’s Rent Guarantee Insurance.
Contact us today for more information and to get a personalised quote for Rent Guarantee Insurance options.
Rent Guarantee Insurance - choose your preferred option We are not tied to any one insurance company. We provide professional advice and support for you, our Client, and our solutions are sourced from a wide range of insurance providers including some of the biggest names in the RGI industry. Below is a table of selected RGI policy arrangements. Assured Protect provides you with access to a huge range of insurers and products, but for a summary overview, see below for our top rated products. Applications made easy ..... read below, choose your option and click on the Enquiry link to apply. An Adviser from Assured Protect will then call you back to help you to confirm the right policy for you, and to arrange your RGI cover asap. There is no 'one size fits all' policy, and we are here to support your business with the right 'fit for purpose' plan.
|
Option |
Insurance Premium Price £/pa (See * notes below) |
Equivalent to £/pm (subject to acceptance and terms) |
Cover Term (months) |
Amount of rent covered pcm (up to) |
Available to individuals and Company landlords? |
Other reasons why for this option |
Standalone policy, or combined with landlords buildings insurance? |
Single or Portfolio Property RGI - Apply here |
|---|---|---|---|---|---|---|---|---|
|
1 |
£177.34 pa |
£14.78 pm (+ DD interest charge) |
12 |
£2,500 |
yes |
2 Months Excess / Additional Legal Cover Can be arranged as a portfolio product for multiple properties/tenancies under one policy arrangement (and one DD) |
standalone and/or combined (discount on combined) |
|
|
2 |
£216.94 pa |
£18.08 pm (+ DD interest charge) |
12 |
£2,500 |
yes |
1 Months Excess / Additional Legal Cover Can be arranged as a portfolio product for multiple properties/tenancies under one policy arrangement (and one DD) |
standalone and/or combined (discount on combined) |
|
|
3 |
£238.27 pa |
£19.86 pm (+ DD interest charge) |
12 |
£2,500 |
yes |
NIL Months Excess - BACK TO DAY 1 / Additional Legal Cover 100% of claims payments made for up to 12 months Can be arranged as a portfolio product for multiple properties/tenancies under one policy arrangement (and one DD) |
standalone and/or combined (discount on combined) |
|
|
4 |
£392.45 pa |
£32.71 pm (+ DD interest charge) |
12 |
£5,000 |
yes |
Large property / superior level of rent cover Can be arranged as a portfolio product for multiple properties/tenancies under one policy arrangement (and one DD) |
standalone and/or combined (discount on combined) |
* correct as at 21/7/25 and subject to underwriting , monthly direct debit surcharges, excesses and IPT where applicable . Some RGI policies can be standalone, others are a feature of a landlords buildings insurance policy. Terms and details and clarification will always be presented for pre-application acceptance.
At Assured Protect, we research the best value, most flexible solutions, not just based on cost, but we also want to make sure that the insurance companies have a strong and significant claims payout record as well. Above is a list of our top RGI product options, selected based on their cover features and benefits (but in no particular order!). The prices are subject to property and tenancy criteria. These quotes have been produced from our live broker systems and broker research based on typical landlord and tenant data. Prices can fluctuate, please contact us for up to date premiums and product coverage.
What We Do, And What's In It For You:
Income Protection in Case of Tenant Default: Rent Guarantee Insurance is your safety net in the event that your tenant fails to pay rent. Whether it's due to financial hardship, disputes, or any other reason, our RGI coverage ensures you continue to receive your rent payments, giving you financial security during challenging times.
Coverage for Up to 12 Months of Rent: In the unfortunate event of tenant non-payment, our RGI policy provides protection for up to 12 months of unpaid rent. This extended coverage ensures that your income stream remains unaffected while you work through any tenant issues.
Legal Expenses Coverage: If you need to take legal action to recover unpaid rent or evict a tenant, our Rent Guarantee Insurance can also cover the legal fees associated with tenant eviction and rent recovery. This includes court fees, lawyer costs, and other legal expenses, ensuring you're fully supported throughout the process.
Comprehensive Tenant Checks: To help reduce the risk of rent arrears, Assured Protect's RGI plans will work with you to ensure that the appropriate checks are in place. This includes background, credit, and reference checks to ensure you're renting to financially responsible tenants.
Fast and Efficient Claims Process: If rent arrears occur, our claims process is designed to be quick and straightforward. With Assured Protect, you can submit claims with ease and receive timely support throughout the entire process, minimizing disruption to your income.
Optional Coverage for Property Damage: In addition to covering unpaid rent, we offer optional coverage for property damage caused by tenants, giving you full protection against potential financial losses from tenant neglect or malicious damage.
Why Choose Assured Protect for Rent Guarantee Insurance?
Peace of Mind: With our Rent Guarantee Insurance, you can be confident that you’ll continue to receive your rental income, even in the event of tenant non-payment. Our RGI coverage is designed to keep your business running smoothly, even if your tenancy isn't.
Comprehensive Coverage: We offer a wide range of coverage options to suit your needs, from unpaid rent to legal costs and tenant damage. Our range of RGI policies gives you full protection and helps to safeguard your rental income and property investment.
Expert Support: Assured Protect’s experienced team is always on hand to offer advice and guide you through the process of obtaining Rent Guarantee Insurance. We understand the challenges landlords face and are here to ensure you get the right coverage for your situation.
Affordable and Flexible Plans: Rent Guarantee Insurance doesn’t have to be expensive. We offer competitive pricing and flexible plans that make it easy to protect your rental income without breaking the bank.
Simplified Claims Process: Should the need arise, our claims process is streamlined for your convenience. We aim to make the process as smooth and efficient as possible, so you can focus on managing your property.